Obamas Tax plan would Balloon Deficit to $3.4 TRILLION

[mike]

This is interesting too, this is stated in the article...

"Unlike his Democratic colleagues, Obama has never made balancing the budget a priority. He concedes that he would not be able to do it during his first term, and probably not during his second, either. "

McCain has promised to keep Bushes tax plan and balance its loss of revenue with massive spending cuts, which we all know only the right can do.

From the Washington Post....

http://www.washingtonpost.com/wp-dyn/content/article/2008/08/09/AR2008080901860.html?sid=ST2008081000205&s_pos=

[Monster8V]

3.4T? Thats alot of duckets........ I love how hes already proping himself up with an excuse.

[Anonymous]

This is interesting too, this is stated in the article...

"Unlike his Democratic colleagues, Obama has never made balancing the budget a priority. He concedes that he would not be able to do it during his first term, and probably not during his second, either. "

McCain has promised to keep Bushes tax plan and balance its loss of revenue with massive spending cuts, which we all know only the right can do.

From the Washington Post....

http://www.washingtonpost.com/wp-dyn/content/article/2008/08/09/AR2008080901860.html?sid=ST2008081000205&s_pos=


Under both plans, all American taxpayers could pay a price for their tax cuts: a bigger deficit. The Tax Policy Center estimates that over 10 years, McCain's tax proposals could increase the national debt by as much as $4.5 trillion with interest, while Obama's could add as much as $3.3 trillion.